Milcrest Commons - 16-unit MFH investment opportunity in Marysville. Built in 2001, all 16 units are ~975 SF, 2BD/2BA, and offer in-unit washer/dryer and dedicated parking (2 spots/unit). 14 of the 16 units are leased, with in-place rent averaging ~$1440/month + utilities. Recently updated units are leased at $1650-$1700/mo. The +/- 1.66-acre parcel recently received full entitlement approval for additional development of a 10-unit single-family attached building & 19 parking spaces on the rear of the parcel. Parcel is located in a Qualified Opportunity Zone. Great proximity to Honda Marysville, ScottsMiracle-Gro HQ, Memorial Hospital, and Uptown Marysville.
MLS# | 224037721 |
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Listing Type | For Sale |
Style | Condominium |
Sub-Type | Resale |
Status | Active |
Year | 2001 |
Days On Site | 96 |
Listing Provided By | Lim Realty Group | Jonathan Lorenz |
Units | 16 |
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Building(s) | 1 |
Acreage | 1.65 |
State | OH |
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County | Union |
City | Marysville |
Zip Code | 43040 |
School District | MARYSVILLE EVSD 8002 UNI CO. |
Listing VS Median (in 43040) | |
Price: $2,850,000 low | high Med: $450,304 On Site: 96 low | high Med: 76.000000 |